sebi:BM/AO-93/2010
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Facts / Headnote
Proceedings disposed of without imposition of penalty; allegation of violation not established
Provisions invoked
- s. 15A
- s. 15
- s. 15I
- s. 15J
Regulations
- Reg. 6
- Reg. 13
- Reg. 6(1)
Parties
- Janpriya Traders Limited
Holding
The allegation that the Noticee violated Regulations 6(1), 6(3), 8(1) and 8(2) of the Takeover Regulations for the years 1998 to 2006 was not established, and no penalty was imposed under Section 15A(b) of the SEBI Act.
Full text
2 Rs.30,00,000/- comprising of 3,00,000 equity shares of Rs.10/- each. The company was listed on Bombay Stock Exchange (hereinafter referred to as ‘BSE’) at the relevant time.
3 violation of Regulations 6(1), 6(3), 8(1) and 8(2), of the Takeover Regulations committed by the Noticee. SHOW CAUSE NOTICE, REPLY AND PERSONAL HEARING
4 8. Noticee submitted their reply to the SCN vide letter dated April 08, 2010. The submissions of the Noticee, inter alia, are as under:
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Source: SecMarx — sebi:BM/AO-93/2010. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (bench, timelines, appeal chain) is cited to us.